^Growth Guarantee Scheme for Edtech Software Companies: Get

The Startup Loan option within the Growth Guarantee Scheme offers £5,000 to £25,000 for UK-registered Edtech companies that have been operational for less than three years. With lending terms ranging from 12 to 60 months and interest rates between 6% and 12% APR, this funding is ideal for businesses seeking to develop or market new software solutions. Decision times typically range from 2 to 4 weeks, and use cases include developing new educational software, marketing existing products, and expanding teams. Sector examples include companies developing learning management systems or interactive teaching tools. We help Edtech startups navigate the application process, which requires submitting a business plan and cash flow forecast, followed by eligibility checks and detailed application reviews.

Innovation Finance under the Growth Guarantee Scheme offers £25,000 to £500,000 for UK-based Edtech SMEs with a demonstrable history of software innovation and turnover up to £10 million. With lending terms of 24 to 72 months and competitive interest rates of 4% to 10% APR, this funding supports scaling production capabilities, investing in research and development, or international expansion. Decision times range from 4 to 8 weeks, and the application process requires detailed project proposals, financial statements, and potentially proof of concept. Sector examples include SMEs enhancing existing Edtech platforms with AI capabilities. We assist companies through the in-depth assessment of innovation capacity required for this funding option.

Growth Capital Loans within the Growth Guarantee Scheme offer substantial funding of £100,000 to £2 million for established Edtech companies that have been operating for more than three years with consistent revenue generation. With lending terms ranging from 36 to 84 months and interest rates between 5% and 8% APR, this funding supports acquiring new technology, expanding market reach, and strategic acquisitions. Decision times typically range from 4 to 6 weeks, and the application process requires financial records, strategic growth plans, and potential collateral evaluation. Sector examples include expanding successful educational platforms into European markets. We support established Edtech companies through the thorough risk assessment performed by lenders for these substantial growth capital loans.